yourtown Social Enterprises
Social Return on Investment
The benefit of yourtown’s Enterprises is also reflected in a Social Return on Investment (SROI) evaluation of an Enterprise operating under contract to Housing NSW in public housing estates in Western Sydney.
The Enterprise was established to provide paid work and training for unemployed young public housing tenants delivering graffiti removal.
Financial analysis confirmed that the Enterprise generated direct financial benefits, as well as wider social and economic benefits. Total incremental benefits were well above costs, resulting in a Social Return on Investment (SROI) ratio of 3.5.
In addition, community stakeholders identified significant improvements in the appearance, cleanliness and safety of social housing areas. They also had more positive perceptions of disadvantaged young people and their capacity to make a positive contribution to the local community.
